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Exelon price target lowered to $36 from $40 at Mizuho

Mizuho lowered the firm’s price target on Exelon to $36 from $40 and keeps a Neutral rating on the shares after the Illinois Commerce Commission issued a final decision in the Illinois electric cases for Ameren Illinois and Exelon’s ComEd. The firm is lowering EPS estimates following the ICC rate order.

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